Things to Know in a Bull Market: A Pitfall Guide!

The hotter the coin, the more dangerous it is: Coins that are trending in a bull market often drop faster and harder, so don't blindly chase the highs.

100x coins don’t rely on hype: Truly promising 100x coins are often only mentioned quietly by a few people in the early stages; the more heavily promoted a coin is, the more cautious you should be.

Market cap and institutional endorsement ≠ safety: Market cap, number of exchanges, number of holders, and investment institutions are not reliable criteria for choosing coins.

Market curves always fluctuate slowly: Coins that rise or fall rapidly carry huge risks, so do not harbor any false hopes.

Market watchers are everywhere: The market can reverse at any moment, so do not overly rely on short-term trends for judgment.

The tricks of altcoins are astonishingly similar: Altcoins usually employ methods that take a long time to pump, appearing stable on the surface but carrying very high risks.

Be cautious with new coins that skyrocket and plummet: It’s common for newly launched coins to rise sharply and then fall; stay away from these 'rollercoaster coins'.

The tragedy of the chasers never ends: There will always be people chasing highs at peak points, and the outcome is usually predictable; learn to analyze rationally.

The curse of buying dips and selling highs: Buying leads to drops, selling leads to rises; this seems to be the market's 'unwritten rule', so learn to overcome psychological pressure and stick to your strategy.

After rising, if there is a significant drop, profit taking begins: If a coin continues to rise and then suddenly drops significantly, it usually means that the major players are starting to take profits, be careful not to be treated as 'chives'.

Remember these rules to invest rationally in a bull market and avoid common pitfalls!